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Bitcoin Regulation
Not just Bitcoin price: Factors affecting BTC miner profitability
The ongoing cryptocurrency bear market has triggered a massive decline in Bitcoin (BTC) mining profitability as BTC mining expenses outpace the price of Bitcoin.Closely tied to the drop in the BTC price, Bitcoin mining profitability has…
South Korea postpones 20% tax on crypto gains to 2025
The delay comes just a couple of months after newly elected president Yoon Suk-yeol promised to work on regulations first. 215 Total views 24 Total shares The South Korean government has reportedly postponed the 20% tax crypto gains…
Strict Thai crypto regulation causes SCB to delay Bitkub acquisition
SCB X notified the Stock Exchange of Thailand that the Bitkub acquisition is “still undergoing due diligence.” 125 Total views 58 Total shares Thailand’s oldest bank is unable to acquire the country’s largest local cryptocurrency…
Resistance is futile! 3 reasons why Bitcoin mining will never go away
In the summer of 2021, the Chinese government banned Bitcoin (BTC) mining and cited the typical concerns of harmful environmental effects and money laundering. Now, the Chinese government is working toward establishing its own digital yuan…
Kazakhstan to let crypto exchanges open bank accounts
Exchange platforms will get an opportunity to operate legally in Astana international finance center in 2022. 287 Total views 5 Total shares In addition to its swift advances toward regulating crypto mining, Kazakhstan will launch a…
The crypto industry must do more to promote encryption, says Meltem Demirors
“I like to call myself a future, or aspiring, cult leader,” Meltem Demirors, chief strategy officer of CoinShares — a publicly listed investment firm managing around $5 billion in assets — told Cointelegraph. Demirors, who first entered the…
Consensus 2022: Web3, unpacking regulations, and optimism for crypto’s future
“Everything is bigger in Texas” proved to be true during Consensus 2022. The crypto conference took place June 9–12 in Austin, Texas, this year, attracting 17,000 people from across the globe, despite the 100-degree plus weather. According…
El Salvador ‘has not had any losses’ due to Bitcoin price dive, finance minister says
Salvadoran minister Alejandro Zelaya brushed off the media criticism of the nation’s investments in Bitcoin. 99 Total views 2 Total shares Alejandro Zelaya, the minister of finance of El Salvador, reacted to the recent media attacks on…
Law Decoded, June 7–13: Lummis-Gillibrand bill is finally here
Senators confirmed that Bitcoin and Ether will be classified as commodities and regulated by the CFTC. 188 Total views 2 Total shares One can hardly name a document more long-hoped-for as the crypto bill, co-sponsored by United States…
Chinese chip designer reportedly filed for $50M Nasdaq IPO
Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50 million on Nasdaq amid sluggish market conditions. 307 Total views 14 Total shares Chinese mining chip designer…
